AB Industrivärden/Skr INDU C
1D1W1MYTD1Y5YMAX
Capital at risk
About AB Industrivärden
AB Industrivärden is an investment company based in Stockholm, Sweden, engaged in managing a portfolio of Nordic industrial enterprises. It primarily focuses on long-term investments in listed companies, leveraging its influence as a significant shareholder to drive strategic development and value creation. Key holdings include substantial interests in companies such as Handelsbanken, Volvo, Sandvik, and Ericsson. Since its founding in 1944, Industrivärden has built a reputation for active corporate governance and strategic involvement in its portfolio companies. The company operates primarily within the Nordic region, utilizing its geographic positioning to harness regional market opportunities. It is strategically positioned to enhance its portfolio through a combination of deep market insights and strong regional relationships.
- Ticker
- Skr INDU C
- Sector
- Finance
- Primary listing
- XSTO
- Employees
- 15
- Headquarters
- Stockholm, Sweden
- Website
- www.industrivarden.se/en-GB
INDU C Metrics
BasicAdvanced
kr 234B
3.69
kr 145.52
0.94
kr 8.75
1.63%
Price and volume
Market cap
kr 234B
Beta
0.94
52-week high
kr 566.80
52-week low
kr 365.70
Average daily volume
342K
Dividend rate
kr 8.75
Financial strength
Current ratio
1.974
Quick ratio
1.966
Long term debt to equity
0.02
Total debt to equity
0.028
Dividend payout ratio (TTM)
6.01%
Interest coverage (TTM)
369.48%
Profitability
EBITDA (TTM)
63,187
Gross margin (TTM)
100.00%
Net profit margin (TTM)
99.31%
Operating margin (TTM)
99.82%
Effective tax rate (TTM)
0.28%
Revenue per employee (TTM)
kr 4,219,730,000
Management effectiveness
Return on assets (TTM)
19.58%
Return on equity (TTM)
32.27%
Valuation
Price to earnings (TTM)
3.693
Price to revenue (TTM)
3.667
Price to book
1.04
Price to tangible book (TTM)
1.04
Price to free cash flow (TTM)
25.165
Free cash flow yield (TTM)
3.97%
Free cash flow per share (TTM)
21.355
Dividend yield (TTM)
1.63%
Forward dividend yield
1.63%
Growth
Revenue change (TTM)
371.37%
Earnings per share change (TTM)
379.23%
3-year revenue growth (CAGR)
33.63%
10-year revenue growth (CAGR)
36.12%
3-year earnings per share growth (CAGR)
33.96%
10-year earnings per share growth (CAGR)
34.54%
3-year dividend per share growth (CAGR)
6.47%
10-year dividend per share growth (CAGR)
5.76%
Bulls say / Bears say
Net asset value rose 17% in the first half of 2026, while the C share delivered a 31% total return against 8% for the SIXRX index. This shows strong recent value creation and portfolio momentum. (Industrivärden, Inderes)
Debt-equity was only 1% at the end of June, leaving Industrivärden with substantial financial flexibility. It invested SEK1.9bn in portfolio companies during the first half, so it can keep deploying capital without relying heavily on borrowing. (Inderes)
The portfolio generated SEK9.4bn of dividend income in the first half, broadly matching the previous year, and the company paid an SEK8.75 per-share dividend. This recurring cash income supports shareholder distributions and provides funds for new investments. (Inderes, Industrivärden)
The C share closed at SEK538 against an August net asset value of SEK532, so investors were paying a premium rather than buying the assets cheaply. Handelsbanken consequently cut its recommendation to Hold after the strong rally. (Industrivärden, Handelsbanken)
The portfolio is highly concentrated: Sandvik and Volvo account for 62% of its value, while adding Handelsbanken and Essity takes the four largest holdings to 87%. A setback in one or two large holdings could therefore materially reduce net asset value. (Industrivärden)
The first-half result included SEK27.9bn of gains from changes in share values, versus SEK9.4bn of dividend income. That makes reported earnings and net asset value sensitive to market prices and less dependable as measures of recurring cash generation. (Inderes)
Data summarised monthly by Lightyear AI. Last updated on 19 Sept 2026.
Upcoming events
No upcoming events
Funds containing INDU C
AllEURGBPUSD
Fund name | Fund size | Skr INDU C weighting |
|---|---|---|
iShares STOXX Europe 600 Financial Services€EXH2 | €102M | 1.52% |
iShares STOXX Europe Mid 200€EXSD | €610M | 0.51% |
iShares Edge MSCI Europe Value Factor€CEMS | €2.6B | 0.10% |
iShares Edge MSCI Europe Value Factor£IEFV | £2.2B | 0.10% |
iShares MSCI Europe ex-UK€IEUX | €1.5B | 0.08% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.